Shares in Singapore closed sharply lower on Thursday. Blue chips all moved down, with the Strait Times Index dropping 80.53 points, or 2.51%, to end at 3,133.26. Here are some stocks to watch this Friday:
Singapore property developer CapitaLand said it had issued unsecured convertible bonds, raising gross proceeds of $650 million. It also completed a repurchase of a total of $721.5 million in principal amount of its outstanding 2016 and 2018 convertible bonds.
Mencast Holdings, which provides services to the offshore, marine and oil and gas industries, said its energy division had won two long-term contracts from an "oil supermajor". The value of the contracts was not disclosed.
SingHaiyi Group said it is setting up a joint venture with Haiyi Properties Pte Ltd to tender for a land parcel at Coronation Road, Singapore, for residential development.
Friday, June 21, 2013
Jun 21: CapitaLand, Mencast, SingHaiyi
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